Yancoal keeps production costs under control

YANCOAL has managed to keep a lid on its production costs despite industry cost inflation, according to its CEO Reinhold Schmidt.

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Yancoal keeps production costs under control Yancoal keeps production costs under control Yancoal keeps production costs under control Yancoal keeps production costs under control Yancoal keeps production costs under control

Operating margins at Yancoal mines like Moolarben are robust as prices received for contracted tonnes generally outperformed spot price.

The company reported an $124 per tonne average realised price for the first half of the 2018-19 year, he said in a recent company presentation.

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